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20120926
20121004
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
PBS
Oct 3, 2012 6:00pm PDT
our deficit in a balanced way that allows us to make these critical investments. now, it ultimately going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best, and i'm looking forward to having that debate. >> lehrer: governor romney, two minutes. >> thank you, jim. it's an honor to be here with you, and i appreciate the chance to be with the president. i'm pleased to be at the university of denver, appreciate their welcome, and also the presidential commission on these debates. and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here with me. ( laughter ). congratulations. this is, obviously, a very tender topic. i've had the occasion over the last couple of years of meeting people across the country. i was in dayton, ohio, and a woman grabbed my arm, and she said, "i've been out of work since may. you can
PBS
Oct 4, 2012 3:00pm PDT
taxes and deficit reduction. >> woodruff: then, we turn to the war in syria, as skirmishes spill over the border with turkey for a second day in a row. >> brown: we come back to last night's debate with two takes on how it was received. ray suarez talked to voters in the swing state of florida. >> i didn't hear what i need to about jobs. that is the number one interest of generally everyone in the united states. >> woodruff: and in our regular "daily download" segment, margaret warner explores how the face off played in social media. >> brown: and it hasn't happened in baseball in 45 years. we look at 'triple crown' winner miguel cabrera of the detroit tigers. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs s
PBS
Oct 1, 2012 7:00pm PDT
to rack up huge deficits. he also argued for the aggressive bond buying program designed to reduce interest rates and boost hiring. darren gersh reports. >> reporter: you can expect to be hearing a lot from ben bernanke is the coming months. having pushed the federal reserve to adopt an aggressive and open-ended asset purchase program, the chairman is now defending what he did and why. and bernanke says he won't change course before many more americans are back at work. >> we expect that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economy strengthens. >> reporter: economists at barclays read the chairman's remarks to mean the central bank will keep buying treasury bonds at current levels into the coming year. >> it represents urgency for the fed. obviously, purchasing at about $85 billion per month and operating across a wide range of interest rate markets suggests the fed is indeed trying to push this faster while unemployment remains high. >> reporter: conservatives have gone after bernanke hard, arguing the fed's hug
PBS
Oct 4, 2012 12:00pm PDT
it before congress right now. >> you've been president four years. you said you'd cut the deficit in half it's now four years later we still have trillion dollar deaf surkts the ceo says we'll have a trill un-- trillin dollar debt. >> govern romney wants to repeal dodd-frank and i pressure we've got some agreement that a marketplace to work has to have some regulation. in the past govern romney says he just wants to repeal dodd-frank, roll it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversight in regulation of wall street. because if you do, then governor romney is your candidate. >> that's not the facts. look we have to have regulation on wall street. that's why i have regulation but i wouldn't designate five banks as too big to fail and give thm a big check. that was one of the consequences of dodd-frank it wasn't thought through propertily. josh tyrangiel is editor of bloomberg businessweek, john heilemann is national affairs editor for "new york" magazine. norah o'donnell is my cohost on cbs this morning, corresp
PBS
Sep 29, 2012 1:00am PDT
demand is sort of in a deficit. you do have supply. you would say, well, maybe we're not producing enough. these are very difficult metals to produce. the supply constraint is such that you can't just kick new production on. as i say, it comes out of south africa. it comes out of russia, and our mine in montana. so the two metals are used primarily for the same product. and that is catalytic converters in cars. you have kind of a surging market for cars. you have the regulatory requirements stepping up in the cars. and you've got sort of this price-driven move from platinum to palladium, so the madeium is getting the bigger market in the cars than platinum has had in the past. so essentially the demand is really quite strong. >> tom: frank, with that cupid of demand outlook for platinum, how do you explain the price differential between gold and platinum. traditionally, as you are well aware, gold is priced per ounce below platinum but right now gold is about $100 above platinum. >> people are looking forward and saying they want something with real value and price the gold up. based upon
PBS
Sep 27, 2012 7:00pm PDT
2013 budget, promising more big budget cuts as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car. earlier at the forum, it was a different story. calm, cool and collected, monti stayed carefully on message. he made it clear italy is better ofas part of the european union. >> the euro brought to italy a single currency, shared with all the others, that is very important economically. >> reporter: monti also emphasized the benefits of the common currency for other member countries, like germany. >> thanks to the euro, germany was able and is able to have a huge european market free from the risk of competitive devaluations. >> reporter: euro-zone worries have roared back this week, thanks to violent demonstrations
PBS
Oct 4, 2012 4:00pm PDT
deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year promising 5 trillion dollars in tax cuts that favors the wealthy. the fellow is state last night said he didn't know anything about that. >> leaving denver, met romney can look pleased with himself. one day does not affect the way most people intend to vote, but it means the next string of opinion polls are important. if it narrows, it suggest romney is back in the gate. but if they do not, even after a victory, then he really is in the hole. >> how important was the first debate? i spoke to apolitical blotter and polling number cruncher and the author of a new book, "the signal and the noise, like some any predictions fail and cox som
PBS
Sep 27, 2012 12:00am PDT
in a lot of savings, being moderate in consumption, for a government is not to run a deficit. for a country, virtue is to have your balance of payments, if anything, in surplus, not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front burner perhaps not led to, you know, the end of the euro zone, as some people feared, certainly the membership in part of the euro zone, but may very well have given some momentum to monetary and fiscal and even political union? >> definitely. definitely. the man who found-- founded the concept of the european union in the late 40s and 50s, john monet. >> rose: a frenchman. >> said that the integration of europe will grow through crisis. and he was very right. also in that respect. because you see, when we have a s
PBS
Sep 28, 2012 4:00pm PDT
finances and reduce the deficit. the richest households and the biggest companies would bear most of the pain. >> this is a fighting budget to restore the country to health. this is fighting a debt. >> the budget will lead to savings of 30 billion euros next year. that is less than 2% of the economic output. public spending will be frozen. care will be higher taxes on those earning over $1 million. they will be taxed at 75%. he is a new media person and a millionaire and he believes the higher taxes will send a message that france is not open for business. >> the risk is not only that talent will leave the country but the young ones with talent will leave the country. >> this week has seen the paris motor show. hard selling in tough times. the french economy is stagnating and workers are being laid off. eight thousands at peugeot alone. some argue that if france is to grow again, it needs radical reform. >> in france, we must do everything for the future to have our industry competitive. beyond retreat -- restructuring, we have one of the highest. >> many of these workers face redundancy
PBS
Sep 27, 2012 4:00pm PDT
the globe. austerity has become all too familiar in europe, facing spiraling deficits and higher unemployment, spain unleashed drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the last year the economy would shrink. another minister described it as a crisis budget designed to exit the crisis. this austerity budget aims to find savings of 40 billion joerres next year. each government department would how to make cuts of 90%. public-sector pay will be frozen for another year, and the retirement age is set to rise. >> just a few weeks ago, europe believed it had achieved a breakthrough. the european central b
PBS
Sep 30, 2012 5:00pm PDT
to solve the deficit problem and also increase job creation?" and i'd like to hear that explained clearly, because they have two very different philosophies. third, i think that if the debates do their job, we're going to be able to answer the question, "what are the sacrifices either one is going to ask us to make?" >> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if not, why not? when y
PBS
Oct 1, 2012 4:00pm PDT
format is a huge deficit, and they kept winning matches and they really seemed if one was ahead, another one would get ahead and they fed on each other and the next thing it was a tied match going into the end and the europeans pulled it off. >> the crowd must have been stunned. >> yeah, it was ryder cup crowds, they're really like nothing else in golf because fans act like fans at every other sporting event. they cheer very loudly. there was a strong european contention. on sunday definitely the strategy by the europeans was to take the crowd out of it. they got up early. they sent out their best players. they sent out luke donald. they sent out justin rose. they sent out rory mcilroye. they quieted the crowd in chicago and that's why they were able to win. >> tiger woods has been getting a lot of blame by the media here in the u.s. does he deserve it, do you think? >> i mean, over the course of its career, the ryder cup has been a place where he's not performed to the level he has in other spots. i do think that the format of the ryder cup is different. i mean, you look at the way peop
PBS
Oct 1, 2012 6:00pm PDT
understands something about the struggles of their lives because his biggest deficit in the polling that we do is that sense that he doesn't have a sense... he doesn't care about people like me. he doesn't understand the troubles and the problems that people like me have their lives. and that 47% video has been very damaging, i think, for governor romney on that point. he needs to do two things that are different and maybe hard to do. both of them simultaneously. >> woodruff: that's what i want to ask you. how much contradiction, how much of a tension do they feel in what he needs to do? >> this is so high-stakes for governor romney. this is a close race but it's a race that's bending toward president obama. this 90 minutes on stage in denver wednesday night is governor romney's best chance to change that. >> woodruff: susan, what about the president? what does his campaign believe he has to do on wednesday? >> you know, an even-steven kind of debate would be fine with them because things are going in their direction. but he wants to keep... if romney needs to be on offense all the time he
Search Results 0 to 18 of about 19 (some duplicates have been removed)